398Days on Market

2view

$194,900

3018 1st ST 109, Austin, TX, 78704

On Market

1 Beds

1 Bath

578 Sq Ft

Condos / Townhouses

$337.2 / sqft

Built in 1978

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

AppliancesDishwasher, Exhaust Fan, Electric Water Heater, Free Standing Range, Disposal, Microwave, Refrigerator

FlooringTile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size1,538 sqft

Building Information

Year Built1978

Stories1

Land Information

APN04050509100000

Lot Number109

SubdivisionLoft Condominiums Amended The

Land UseResidential

Legal DescriptionUNT 109 LOFT CONDOMINIUMS AMENDED THE PLUS 2.61 % INT IN COM AREA

Census Tract001307

Assessed Land Value$1,843

Assessed Improvement Value$203,081

Assessment Year2025

About this property

Updated and leased through 10/31/2025 at $1,260/month, this beautifully renovated unit offers strong investment potential in a well-maintained, gated community. Located in a prime spot within the complex, the condo features stylish hard tile flooring, wood floors in the bedroom, new granite tile countertops, updated kitchen cabinets, a new microwave and dishwasher, and a fully remodeled bathroom. Enjoy a spacious walk-in closet, additional storage on the private patio, and access to community amenities including a pool, BBQ area, and pet facilities. Conveniently located near public transportation for easy commuting.

Investor Tools

$0Estimated Mortgage Balance

$204,924Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,230 /month

Positive

Cash Flow Estimate:

$410 /month

Interested in this property?

Chesney Coker

Tower Realty Austin

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$384/month

$350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,589

$204,924

2025

$1,843

$203,081

$204,924

Tax History

Year

Tax Paid

Assessed Value

2024

$3,589

$204,924

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$204,924

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$350/mo

+$1,290/mo

9.6%

Learn About the Market: Opportunity in Austin

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Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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